People in brief

  • BNP Paribas has boosted its presence in the European leveraged finance market by hiring nine bankers from German lender HVB. The French bank has recruited a team which will be lead by Peter Wallner the head of German leveraged finance and will include Thomas Hofmeister and Ralph Gimpel. The starting date for the team has not been confirmed.
  • Palamon Capital Partners has expanded its investment team with the appointment of Daniel Mytnik as Principal. Mytnik, who is a Swedish national, will have a dual role at Palamon by adding further breadth to the funds capabilities in the Nordic region while also participating in the firm’s investment programme across other countries in Western Europe. Mytnik joins Palamon from Altium, the European mid-market oriented investment bank, where he was a managing director in the corporate finance department with responsibility for the Nordic Region and cross border M&A. Prior to joining Altium, he was with Morgan Stanley Private Equity in London. He has worked on a variety of private equity investments and exits, as well as company financings and M&A assignments across Europe. Michael Hoffman, Managing Partner of Palamon said, “We are delighted to welcome Daniel into our firm. He brings valuable experience to the team and will play an important role as we continue to strengthen our presence both in the Nordic region and indeed more broadly across Europe”.
  • Lyceum Capital, the private equity firm that invests in mid market consumer and business service businesses, has announced two new appointments. Mark Hall joins Lyceum as an associate partner and will be responsible for identifying portfolio acquisitions and working with Lyceum’s portfolio companies on business development. Hall has an MBA from Yale, and has spent several years’ in private equity and leveraged and acquisition finance in the UK and internationally, including two years with JP Morgan in London and Sydney and three years with Gresham Private Equity in Sydney. Rob Gershon also joins Lyceum as associate partner-operations and will work closely with David Harland, one of Lyceum’s operations partners, on portfolio company performance and strategic business development. Gershon has a number of years’ experience in business development and financial planning with Whitbread and J. Sainsbury, and he recently completed an MBA from the Cass Business School, City University. Philip Buscombe, Lyceum Capital’s Chief Executive, said: “We are delighted to welcome Mark and Rob to a team that now numbers 17, including several experienced Operational and Industrial Partners.” Since 2000, Lyceum Capital has returned £139m to fund investors and co-investors from exits and recapitalisations and eight portfolio companies have made 26 acquisitions over the last six years.